Dairy farmers have long struggled with profitability, which has provided the impetus for one of the most rapid consolidations in the history of modern agriculture. In 1987, the USDA reported that a midsized dairy numbered 80 cows.
In 2017, that midpoint had grown to 1300 cows. In 1987, there were 146,685 farms with dairy cows. This declined to 47,873 in 2007, and even further in 2007, to 30,373. Achieving profitability with the smaller herd sizes that are common on organic dairies has become more and more challenging.
Global dairy giant Danone divested two key organic dairy holdings this year. Horizon Organics and Wallaby Organic in the US were sold to Platinum Equity, as it looked to “prune” its portfolio to boost growth.
That Horizon and Wallaby weighed down Danone in recent years illustrates the shrinking margins in…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...